Filing Flows › Resideo Technologies (REZI) › Q1 2026
Resideo Technologies (REZI) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 12, 2026
Resideo Technologies (REZI) reported revenue of $1.9B for the first quarter 2026 (Q1 2026), +8% from a year earlier and +0.9% from the quarter before. Operating margin was 5.3%, net earnings $38.0M (2.0% of revenue).
Resideo Technologies, Q1 2026: revenue $1.9B (+8% year over year), operating margin 5.3%, net earnings $38.0M, operating cash flow −$145M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9B | +0.9% | +8% |
| Gross profit | $551M | -2% | +8% |
| Operating profit | $102M | -27% | -25% |
| Net earnings | $38.0M | -72% | +533% |
| Operating cash flow | −$145M | -148% | — |
What changed
Revenue was $1.9B in Q1 2026, up 8% year over year and up 1% from the previous quarter. ADI Global Distribution was the largest line at 63% of revenue. ADI Global Distribution added $0.09B year over year (up 8%), 60% of the total change.
Gross margin was 28.8%, down 0.1 points from Q1 2025. Operating profit was $0.10B, a 5.3% margin (down 2.3 points year over year). Operating profit fell $0.03B even though revenue rose $0.14B versus Q1 2025, so costs grew faster than sales. Operating expenses grew 20% against revenue growth of 8%. The fastest-growing cost line was Other operating costs (+79%). Net earnings were $0.04B, up 533% year over year. The effective tax rate was 30.9%.
Operating cash flow was −$0.14B. Non-cash charges added back $0.05B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.25B. Capital expenditures of $0.04B exceeded it, leaving free cash flow of −$0.18B.
Questions
What was Resideo Technologies' revenue in the first quarter 2026?
Resideo Technologies (REZI) reported revenue of $1.9B for the first quarter 2026 (Q1 2026), +8% from a year earlier and +0.9% from the quarter before.
Was Resideo Technologies profitable in the first quarter 2026?
Operating profit was $102M (5.3% of revenue) and net earnings $38.0M.